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1521 E Rusk St

49,432 SF Health Care Building Offered at $2,126,205 CAD in Jacksonville, TX 75766

Investment Highlights

  • Jacksonville is a city located in Cherokee County, Texas with a population of nearly 15,000 residents. The town is situated in the eastern part of the

Executive Summary

Former licensed nursing facility located just east of the downtown area along one of three major thoroughfares in Jacksonville, Texas.
Conveniently developed less than 10 minutes to two major hospitals, UT Health Jacksonville and Christus Mother Frances Hospital.
Excellent value-add opportunity for an investor or owner-operator to acquire the asset and reinstate the original use as a nursing facility or repurpose/redevelop the property.
Positioned in a market with nearly 18% of the population above the age of 65 and a strong employee base with 11.8% of workers employed in the healthcare and social assistance industry, the second-highest labor sector in the area.

Property Facts

Price $2,126,205 CAD
Price Per Bed $17,718 CAD
Sale Type Investment or Owner User
Sale Conditions
Distress Sale
  • 1031 Exchange
  • Lease Option
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Hospital
  • Healthcare Rehabilitation Centre
  • Healthcare Skilled Nursing Facility
Building Class C
Lot Size 8.71 AC
Building Size 49,432 SF
No. Beds 120
No. Stories 1
Year Built 1970

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
000106657000
Land Assessment
$285,748 CAD
Improvements Assessment
$841,141 CAD
Total Assessment
$1,126,889 CAD

zoning

Zoning Code B (Neighborhood Business)
B (Neighborhood Business)
  • Listing ID: 25775030

  • Date on Market: 2022-05-24

  • Last Updated:

  • Address: 1521 E Rusk St, Jacksonville, TX 75766

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